6min chapter

This Week in Startups cover image

Alibaba's six-way split, Disney cuts its metaverse team, Substack's raise & more | E1708

This Week in Startups

CHAPTER

Disney's Metaverse Distorsions in a Down Market

Disney is cutting around 7,000 jobs and reorganizing into three divisions. The Wall Street Journal reported Disney terminated its entire division that was responsible for developing metaverse strategies. "It sounds like they're just in the words of Brad Gerstner getting fit"

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